How it works.
The idea.
Every coin on Wallstreeth carries a thesis: a market (a stock, an index, a commodity or a crypto), a direction (long or short) and a leverage. The coin has its own treasury. Once the coin graduates, the treasury trades that thesis every market day as a perpetual future on Ostium, on Arbitrum. When a round makes money and past losses are recovered, the profit comes back to Ethereum and buys the coin and burns it.
Launching.
- Name, ticker (10 characters at most), logo and a few words on your thesis.
- A market from the catalog, long or short, and a leverage from 1× to 5×.
- A fee preset: Burn, Balanced or Trader (see Fees).
Launching costs gas only. The thesis is written into the coin for life: nobody, the creator included, can change the market, the direction or the leverage. Each coin is the same plain ERC-20: 1 billion tokens minted once, no owner, no mint, no tax on transfers, no blacklist, no pause, no proxy.
Curve and graduation.
800 million tokens are sold on a bonding curve, paid in ETH. The graduation gauge follows the ETH the curve holds, so sells move it back. When the last curve token is bought (about $15,000 of net buys), the coin graduates in the same transaction: 85% of the ETH and the matching tokens become a Uniswap v4 pool whose liquidity position is burned (it can never be withdrawn), the unused tokens are burned, and 15% of the ETH goes to the treasury. The buy that completes the curve only pays for the tokens left; the rest of its ETH is refunded.
During the first three minutes after a launch, curve buys pay an extra fee that falls from 15% to zero. It goes to the coin's treasury. The creator's own buy inside the launch transaction pays none.
Fees.
1.2% on every buy and every sell, on the curve and in the pool, whatever app or router the trade comes from. A transfer between wallets pays nothing. Half of every fee (0.6%) goes to the platform.
| Platform | Creator | Treasury | Buyback & burn | |
|---|---|---|---|---|
| Before graduation | 0.60% | 0.30% | 0.30% | - |
| After, Burn | 0.60% | 0.20% | 0.10% | 0.30% |
| After, Balanced | 0.60% | 0.20% | 0.20% | 0.20% |
| After, Trader | 0.60% | 0.20% | 0.30% | 0.10% |
Creators claim their share in ETH on the Claim page, whenever they like.
The treasury.
Each coin has two halves of one treasury. On Ethereum, a treasury contract receives its share of the fees and 15% of the graduation raise. It swaps that ETH for USDC on Uniswap, refusing any price worse than Chainlink's ETH/USD by more than 0.5%, and sends it with Circle's CCTP to the coin's thesis account on Arbitrum. That account's address is computed from the thesis itself, so the money can only ever reach an account that trades this coin's market, side and leverage.
The thesis account can do three things and nothing else: open its thesis on Ostium, close it, and send USDC back to its own treasury on Ethereum.
Daily rounds.
- One round a day: 70% of the cash becomes the margin, the rest pays fees.
- Ostium closes the position early at +20% or −10% of the margin (a 4% or 2% move at 5×, a 20% or 10% move at 1×).
- Otherwise the round closes at its scheduled time: 15:35 to 19:45 UTC for stocks, indices and commodities on US market days; 23 hours 45 for crypto, every day.
- A loss is recorded and must be won back first. Only profit beyond every past loss leaves for Ethereum (a high-water mark).
- The keeper that opens rounds holds no funds. If it ever stops, anyone can close a round two hours after its scheduled close, settle it and send profit home; after 30 days without a round, anyone can send all the cash home, where it is spent on buybacks.
Buyback and burn.
Profit arriving on Ethereum and the buyback share of fees form the buyback budget. Once a day the budget is frozen and spent buying the coin in its pool, never more than 5% above the pool's 30-minute average price (fees included). Every token bought is burned: the supply shrinks for good. What is not spent carries over.
Markets and hours.
The catalog covers US stocks (Nvidia, Tesla, Apple, Microsoft and more), the S&P 500, Nasdaq 100 and Dow, gold, silver, oil and copper, and Bitcoin, Ether, Solana and Hyperliquid, all as perpetuals on Ostium with prices from its oracle. Leverage is capped at 5× on every market. Stock and index rounds skip weekends and NYSE holidays.
$WSE.
The platform token runs on the same contracts as every coin and trades its own thesis. It pays the same 1.2%: 0.6% to the platform and 0.6% to buying back and burning $WSE. There is no creator share.
XP.
Trading, launching, a coin that graduates and the traders you bring in earn XP, shown on the leaderboard. A share of $WSE is set aside for XP. XP is a record, not a promise: amounts and timing are not guaranteed.
Contracts.
Every contract is open source and verified on Etherscan and Arbiscan, and none can be upgraded. The owner of the factory can only edit the catalog and the graduation size for future launches, redirect the platform's future fees, pause new launches and launch $WSE once. It cannot touch a coin, a curve, a pool, a treasury, a thesis account or anyone's tokens. Every coin page links its token, treasury and thesis account.
Risks.
- A coin is not a share of a company, of the underlying market or of its treasury. Holding it gives no claim on anything.
- The treasury trades with leverage and can lose. A losing streak can shrink it, and nothing is bought back until losses are recovered.
- A buyback does not hold or guarantee a price. Memecoins can go to zero.
- The treasury depends on Ostium, Circle CCTP, Uniswap and Chainlink working as they do today.